NOVAGOLD RES (Germany) Today

Equity ratings for NOVAGOLD RES are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 11th of May 2022 and ending today, the 9th of August 2022. Click here to learn more.
NOVAGOLD RES cannot be verified against its exchange. Apparently, NOVAGOLD RES is not available for investing at the moment. Please verify the symbol is currently traded on Berlin Stock Exchange. If you still believe the symbol you are trying to look up is valid please let us know and we will check it as soon as possible.
Refresh

NOVAGOLD RES Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. If you consider yourself one of those investors, make sure you clearly understand your entering position. NOVAGOLD RES's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding NOVAGOLD RES or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
NOVAGOLD RES is not yet fully synchronised with the market data
NOVAGOLD RES has some characteristics of a very speculative penny stock
President CEO, DirectorGregory Lang
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of NOVAGOLD RES's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Not RatedUndervalued
NOVAGOLD RES (NGR) is traded on Berlin Stock Exchange in Germany and employs 16 people. The company currently falls under '' category with current market capitalization of 0. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate NOVAGOLD RES's market, we take the total number of its shares issued and multiply it by NOVAGOLD RES's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities.
Check NOVAGOLD RES Probability Of Bankruptcy

NOVAGOLD Stock Against Markets

Picking the right benchmark for NOVAGOLD RES stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in NOVAGOLD RES stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for NOVAGOLD RES is critical whether you are bullish or bearish towards NOVAGOLD RES at a given time.
NOVAGOLD RES cannot be verified against its exchange. Apparently, NOVAGOLD RES is not available for investing at the moment. Please verify the symbol is currently traded on Berlin Stock Exchange. If you still believe the symbol you are trying to look up is valid please let us know and we will check it as soon as possible.
Refresh

Try Other Stock Suggestions

NOVAGOLD RES Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with NOVAGOLD RES stock to make a market-neutral strategy. Peer analysis of NOVAGOLD RES could also be used in its relative valuation, which is a method of valuing NOVAGOLD RES by comparing valuation metrics with similar companies.
Amn Healthcare ServicesTwist Bioscience CorpFreedom Holding CorpKEURIG DR PEPPERGX Nasdaq-100 CoveredFranklin Mutual EuropeanGARDNER DENVER INCUSA Value FactorBetapro Canadian GoldAramark Holdings CorpLong-Term Govt BondLIFE STORAGE INCMaiden Holdings NorthVistra Energy CorpExxon Mobil Corp
 Risk & Return  Correlation

Invested in NOVAGOLD RES?

You need to understand the risk of investing before taking a position in NOVAGOLD RES. The danger of trading NOVAGOLD RES is mainly related to its market volatility and company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of NOVAGOLD RES is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than NOVAGOLD RES. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile NOVAGOLD RES is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Stocks Correlation. Note that the NOVAGOLD RES information on this page should be used as a complementary analysis to other NOVAGOLD RES's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.

Other Tools for NOVAGOLD Stock

When running NOVAGOLD RES price analysis, check to measure NOVAGOLD RES's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy NOVAGOLD RES is operating at the current time. Most of NOVAGOLD RES's value examination focuses on studying past and present price action to predict the probability of NOVAGOLD RES's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move NOVAGOLD RES's price. Additionally, you may evaluate how the addition of NOVAGOLD RES to your portfolios can decrease your overall portfolio volatility.
Portfolio Optimization
Compute new portfolio that will generate highest expected return given your specified tolerance for risk
Go
Options Analysis
Analyze and evaluate options and option chains as a potential hedge for your portfolios
Go
Watchlist Optimization
Optimize watchlists to build efficient portfolio or rebalance existing positions based on mean-variance optimization algorithm
Go
Bond Directory
Find actively traded corporate debentures issued by US companies
Go
Cryptocurrency Center
Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency
Go
Fundamentals Comparison
Compare fundamentals across multiple equities to find investing opportunities
Go
Alpha Finder
Use alpha and beta coefficients to find investment opportunities after accounting for the risk
Go
Correlation Analysis
Reduce portfolio risk simply by holding instruments which are not perfectly correlated
Go
Earnings Calls
Check upcoming earnings announcements updated hourly across public exchanges
Go
Bond Analysis
Evaluate and analyze corporate bonds as a potential investment for your portfolios.
Go
Stock Tickers
Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites
Go
Analyst Recommendations
Analyst recommendations and target price estimates broken down by several categories
Go
Theme Ratings
Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance
Go